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hero86

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hero86

Re: ljk post# 20884

Friday, 09/02/2005 2:58:09 PM

Friday, September 02, 2005 2:58:09 PM

Post# of 159753
ljk - your worsecase scenarios are well thought out & logical, but highly unlikely IMO. Ameritrade would have to trace & tie-out sales/buys made from BCIT profits for months. They certainly would not engage in a civil action because they penalize current shareholders only.

They cannot plead ignorrance w/ respect to BCIT. They sold/filled.. so they will have to pay the piper & let all accounts stand. Their only recourse will be to go after Pino & his cohorts. Let's not yet mention their short interest, which sounds like will be made public.

-Hero
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